Carvana Stock Sinks In Late Trade With Earnings Due Wednesday

Must read

CLUTCH Streams Fourth Installment Of Their New Live Album Series

Clutch is now streaming the fourth installment of their new live...

LIFE OF AGONY & SICK OF IT ALL Announce North American Tour

Life Of Agony will hit the road with Sick Of It...

Dow Jones Futures: Nvidia Earnings Are Everything For The Market Rally Attempt, These AI Stocks

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Toll Brothers (TOL) and Urban Outfitters (URBN) reported...

Carvana (CVNA) said late Tuesday that it will report earnings for the second quarter early Wednesday, bringing the date up from Aug. 3. Carvana stock plunged in extended trading.

The online used-car seller on June 8 announced an improved Q2 outlook. It said that was “based on even stronger anticipated results from its continued plan to drive profitability.”

Analysts are sharply divided about its prospects ahead of the report.

Carvana Stock

CVNA stock dived nearly 10% in late Tuesday trade. Shares had rallied nearly 9% in heavy trade to 39.80 in the regular stock market session.

Year to date, Carvana stock has skyrocketed nearly 740%, including a 352% jump in the past three months.

Check back for Carvana earnings updates Wednesday.


These Are The 5 Best Stocks To Buy And Watch Now

Stocks To Watch: Top-Rated IPOs, Big Caps And Growth Stocks

Find The Latest Stocks Hitting Buy Zones With MarketSmith

Why This IBD Tool Simplifies The Search For Top Stocks

Looking For The Next Big Stock Market Winners? Start With These 3 Steps

More articles

Latest article

JOHN BAIZLEY Explains How BARONESS Avoids Repeating Themselves

After 20 years and six albums, is a bit hard to...


Escuela Grind is kicking off 2024 with a new EP that proves they can do whatever the fuck they want, and do...

Rivian stock is on fire. Here’s why.

Investors who clung to Rivian stock (RIVN) over the last few months are now getting rewarded.The EV maker's stock is on fire, up almost...

KATAKLYSM Preaches Unity With New Video For “Goliath”

Kataklysm is now streaming the music video for "Goliath" from their...